House Financial Services Committee Chair French Hill is urging Congress to pass the Digital Asset Market Clarity Act, or CLARITY Act, during the post-election lame-duck session, arguing that SEC and CFTC actions cannot provide the durable market framework created by statute. The Senate failed on Sept. 15 to open debate on the measure, voting 49-50 with one senator absent, 11 votes short of the 60 required. Republican Sen. Thom Tillis voted against the motion and filed to reconsider it, preserving a procedural route to revisit the result. Hill said the Senate has 22 scheduled session days between November's elections and the next Congress. The House passed H.R. 3633 in July 2025 by 294-134, including support from 78 Democrats, but a materially changed Senate bill would require agreement between both chambers. Disputes over ethics provisions, consumer protection, illicit finance, stablecoin rewards, state attorney general enforcement and Treasury authority remain unresolved. SEC Chair Paul Atkins and CFTC Chair Michael Selig have announced digital-asset regulatory work under existing authority, but Hill and former Democratic congressman Tim Ryan said long-term investment requires a more permanent federal framework. Seven commissioner seats across the SEC and CFTC were vacant as of Oct. 7.